Challenges Facing India in the 21st Century: An HRD Perspective

International Journal of Applied Business and Economic Research, Vol.13 (3), 2015 (ISSN 09727302)

10 Pages Posted: 20 Feb 2016

See all articles by Hardeep Singh Anant

Hardeep Singh Anant

City University College of Ajman; UBS, Panjab University

Date Written: July 2015

Abstract

India is poised to become the fastest growing economy in the world in 2015 yet it continues to face key development challenges. This paper lists some of the key challenges that India faces and suggests practical, qualitative and philosophical changes that policy makers, educational institutions and businesses need to make in order to overcome the challenges. The paper argues that India’s ability to develop its human capital will play a key role in building a sustainable competitive advantage in the global economy of the 21st century, which needs India’s leadership to help build a new inclusive global order.

Some of the key challenges discussed in the paper are: Accessibility of skilled labour, human capital development and access to quality education in English; role of information technology in human capital development; skills development and the importance of competency-based teaching and assessment writing in primary, secondary, tertiary and vocational education in India.

Finally, the paper asserts that by addressing social evils like corruption and discrimination, leveraging technology to bridge the skills-gap, and incorporating philosophical improvements in policy-making to build a culture of leadership and excellence, India can effectively prepare for its new global leadership role, thereby leveraging the potential of its vast and unique human resource.

Suggested Citation

Anant, Hardeep Singh, Challenges Facing India in the 21st Century: An HRD Perspective (July 2015). International Journal of Applied Business and Economic Research, Vol.13 (3), 2015 (ISSN 09727302) , Available at SSRN: https://ssrn.com/abstract=2734127

Hardeep Singh Anant (Contact Author)

City University College of Ajman ( email )

Al Tallah
Ajman
United Arab Emirates

HOME PAGE: http://www.cuca.ae

UBS, Panjab University ( email )

Chandigarh, 160014
India

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